Food and Beverages Industry Analytics

A technology industry client wanted to offer analytics services for Quick Service Restaurant and Full Service Restaurants both nationally and internationally. It needed help in the identification of metrics tracked by the industry and the best way to communicate the output to make it effective and smooth.

Concave Research analyzed various applications offered around the globe coupled with consulting diverse set of published resources to compile a comprehensive list of metrics relevant to Food and Beverages industry. These included areas of sales, budgeting, operations, labor costs, inventory management, social media related metrics, and planning related metrics. It also helped client understand the business logic behind each value and changing of values from time to time. Resultantly, this enabled client to perform descriptive, diagnostic and predictive analysis and apply machine learning algorithms, and also design an interface that communicated results in a digestible and intuitive way.